Kelp DAO Ditches LayerZero for Chainlink After $292M Bridge Exploit
Kelp DAO has migrated from LayerZero to Chainlink’s cross-chain infrastructure following a $292 million bridge exploit and a blame dispute between the two protocols.
Crypto
[Flash] CFTC Looks to Cement Non-Custodial Software Developer Protections
[Flash] The CFTC is considering writing rules to further cement its stance on whether software developers should register as brokers with the agency, following its no-action letter to Phantom wallet. The move aims to provide clearer regulatory framework for non-custodial software development in the crypto industry.
[Flash] Crypto ETFs Go Mainstream as Traditional Finance Locks In
[Flash] As traditional finance deepens its footprint in digital assets, crypto ETFs are reshaping access, liquidity, and the global structure of digital asset investing. Notably, self-directed investors are powering bitcoin ETF launches even without Morgan Stanley’s vast advisor network support, highlighting how retail demand is driving crypto adoption.
Kraken Eyes IPO, Partners with MoneyGram to Bridge Crypto-to-Cash Gap
Cryptocurrency exchange Kraken is actively preparing for an initial public offering while simultaneously partnering with MoneyGram to bridge the gap between digital assets and traditional cash systems. IPO Progress Kraken co-CEO Arjun Sethi said the exchange is “80% ready” to go public, signaling that listing preparations have entered an advanced stage and could materialize in the coming months. MoneyGram Partnership The new collaboration with MoneyGram aims to expand access to digital assets, making it easier for users to convert between cryptocurrency and fiat currency — particularly in regions underserved by traditional banking infrastructure. ...
Andreessen Horowitz Raises 2.2 Billion Dollar Crypto Fund, Says Fundamentals at All-Time High
Top VC firm Andreessen Horowitz closes 2.2 billion dollar crypto fund, stating crypto industry fundamentals are at their best ever
Nasdaq-Listed K Wave Media Drops Bitcoin Treasury Plan, Redirects 485 Million to AI
K Wave Media abandons its bitcoin treasury plan and redirects 485 million dollars in capital toward AI investments
Standard Chartered Takes Stake in Crypto Trader GSR at 1 Billion Dollar Valuation
Standard Chartered venture arm invests 150 million dollars in crypto market maker GSR, valuing it at 1 billion dollars
State Street and Galaxy Launch Tokenized Fund for Onchain Cash Management
State Street, one of the world largest custodian banks, partners with Galaxy to launch a tokenized fund enabling institutions to manage cash around the clock using stablecoins
Toncoin Surges 36 Percent as Telegram Takes Over TON Ecosystem and Slashes Fees
Telegram announces it will replace the TON Foundation and directly manage the blockchain ecosystem while cutting fees, sending Toncoin up 36 percent in a single day
Controversial Crypto Figure Richard Heart Detained in Istanbul, USD 4 Million and 64 Watches Seized
加密领域知名人物理查德·赫特近期在土耳其伊斯坦布尔被当地警方拘留，土耳其媒体报道称当局查获约400万美元现金与64块名表。赫特是Hex与PulseChain创始人，长期面临美国证券监管机构与司法部门的追查，此次事件再次将其推向跨境执法焦点，相关代币出现明显波动。